814 44 Street
Borough Park, Brooklyn, NY 11220
$1,900,000
Description
814 44 Street,
Brooklyn,
NY
11220
LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,289 (updated 6/19). N.O I. = $101,262. CAP RATE = 5.7%. FULL REPORT & INTERIOR VIDEO AVAILABLE.
This is an Active listing.
Broker Office Phone Number: 718-697-6800
Copyright © 2024OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Fenced
- Hardwood Flooring
- Wall or Window Air Conditioner(s)
Listing By: Keller Williams NYC via Data Source: OneKey MLS
Multi Family
Property type
Call Listing Agent
Schools
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Elementary
Call Listing Agent
Middle
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High
Price History
| date | price | variance | type |
|---|
| 10/18/2024 | $1,900,000 | 5.00 % | decreased |
| 8/30/2024 | $2,000,000 | 3.61 % | decreased |
| 4/23/2024 | $2,075,000 | - | Listed |
listing agent: Gregory Tsougranis
